You didn't answer my direct question. I'll try again:
Why do I keep spending, trading, and investing, since I definitely believe in continued unravelling of the nation?
I notice that you also failed to respond in the same manner concerning the 'stOw scenario'. He also states an unhopeful view - so, he also should have withdrawn from economic participation?
[wiggle wiggle wiggle...]
I share a similar ideology that the game is over all rigid for the average American. I also shop locally, don't patronize business I don't agree with (political or business ethics).The biggest reason that I have a negative outlook is that I feel the game is rigged. A handful of folks in this country have most of the wealth, and they want MORE. Our government is supposed to be a check-and-balance. The wealthy have figured this out, and have discovered that by greasing palms they can control the check-and-balance system. Greed disgusts me.
Have my spending habits changed since cluing in to this? Yes they have. I have completely pulled out of the stock market. Every penny of it. I now make a conscious decision to avoid spending money with corporations (whenever possible) and instead chose to support local, small businesses. I'm not sure that I spend any less money than I did 10 years ago, but I certainly spend it differently now.
I share a similar ideology that the game is over all rigid for the average American. I also shop locally, don't patronize business I don't agree with (political or business ethics).
But pulling out of stocks? Hell no! I have made such a decent mint off the market in the past few years there is no way I miss opportunities to buy companies at a discount or further make gains in my IRA or 401k.also made some decent coin off some tech stocks.
I do understand and agree with you. I just know money makes more money than labor ever could (some exceptions obviously). I work for extremely rich people and their salaries while high, are nothing compared to the money their money makes. We are talking about grandkids today being millionaires and their kids being millionaires.I cant participate in the stock market in good conscience any more. The sole purpose of companies that are publicly traded is to grow. More more more. They need to show growth for their investors no matter the consequences, whether that be slashing employee salaries, benefits, or cutting corners and polluting our air and water. It's a game I refuse to play.
I know that money makes money. I have simply chosen to apply that elsewhere. I now invest in people, and property. The money that I otherwise would be plugging in to stocks are now invested in to my company (more employees, that are better compensated) which in turn grows my business. Every one involved wins..... and I sleep better at night.I do understand and agree with you. I just know money makes more money than labor ever could (some exceptions obviously). I work for extremely rich people and their salaries while high, are nothing compared to the money their money makes. We are talking about grandkids today being millionaires and their kids being millionaires.
My issues with stock market are, companies only caring about the next quarter, companies buying political influence, companies exploiting labor and the environment.
Seems like some failed economic 101 and the concept of externalities. Another reason I'm strongly for carbon taxing. It worked amazingly well for Sulfur Dioxide.
Honestly, I don't have a clue who you work for, or what you do. I think it involves politics ..... maybe? lolAh I didn't know you had your own business. Good for you! Won't ask any questions as a public forum, but you know who I work for or at least should
I freelance on the side. It definitely helps having that extra income, soon I won't have to though, but may just to help paid down the student loans (or wait ten years for them to disappear).
Well I'm involved in politics but I've kinda soured in participating recently. The one time we met up, not on my side of town is the building I work in. The name of a tenant should instantly ring a bell.Honestly, I don't have a clue who you work for, or what you do. I think it involves politics ..... maybe? lol
Well I'm involved in politics but I've kinda soured in participating recently. The one time we met up, not on my side of town is the building I work in. The name of a tenant should instantly ring a bell.
Lol, obviously I don't wanna out myself. But since I know you and trust you is why I mention it. But if you were so inclined to look at the tenant list, you'd be able to figure it out pretty easily.Ehhhhhh nope, no bells going off. lol
I didn't ask you why he feels negatively - he's already explained why.I don't know and can't speak on behalf of St0w as to why he feels negative about the future. Perhaps you should ask him.
Let me finish that sentence for you:And if you can't understand why the metrics I've laid out are better indicators than your polls, I'm not going to.......
As I guessed. Prioritized spending is not less spending.I'm not sure that I spend any less money than I did 10 years ago, but I certainly spend it differently now.
But......according to TY's indicators, as someone who has a negative view of the future.....you're supposed to not be considered a positive influence on economic indicators. Didn't you realize that?I now invest in people, and property. The money that I otherwise would be plugging in to stocks are now invested in to my company (more employees, that are better compensated) which in turn grows my business. Every one involved wins..... and I sleep better at night.
No kidding !? We both suffer anxiety that results from simultaneously holding contradictory or otherwise incompatible attitudes, beliefs, or the like?Now why is that in contrast to yours and St0w's viewpoint? Cognitive dissonance for the most part is my main suspicion......
BS. It doesn't apply to stOw either. Nor anyone, until an event that triggers the circumstances they fear actually occurs - which is when your indicators will reflect their economic behavior.I'm getting bored with this and I feel you are being disingenuous Amos. I've been pretty patient on trying to explain this, and as an individual actor, a metric may not necessarily apply to you, but to the country as a whole.